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Luxury home launches few and far between this year: consultancy

Published on Jun 23, 2014 6:56 PM

SINGAPORE - Luxury launches have been few and far between so far this year, a sign of the languishing high-end segment.

Only one major luxury project has been rolled out onto the market so far this year, property consultancy HSR said in a report on Monday.

It added that up to 12 high-end projects containing around 2,060 homes in total were still waiting in the pipeline to be launched as at last month.

The only major luxury residential project that has gone on sale so far this year was The Rise @ Oxley - Residences in the upscale District 9, HSR said.

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